The advent of methyl isobutyl carbinol (MIBC) as a frother mainly for mineral flotation is considered as a key trend for the growth of the Mining Chemicals Market over the forecast period 208-2025
Summary
The growing demand for minerals and other resources are also expected to supplement the growth of mining chemicals market the market. The rise of the market is backed owing to the growing mining activities along with the increasing investments on mining exploration. For Instance: according to the Brazilian Government in May 2017, the government has implemented a program named Investment Partnership Program with an aim to boost and supervise mining sector.
Also, other investment opportunities include Eurasian resource Group’s $2.4 billion integrated iron ore mining and logistics projects. Similarly, in 2018, Chilean Copper Commission plans to invest $7.2 billion to support major mine projects owned by Mantos Copper, BHP, Teck, Codelco, Goldcorp and others. Thus, growing mining activities is expected to increase the demand for mining chemicals as these chemicals are used at the stage of processing the respective ores. As a result, the demand & adoption of mining chemicals would increase, contributing towards the market growth. Furthermore, growing importance of water management activities offers lucrative growth prospects for the mining chemical market
Leading Market players :
BASF SE
Clariant AG
Cytec Industries Inc.
Kemira Oyj
The DOW Chemical Company
Huntsman Corporation
Orica Limited
Arrmaz Products L.P.
Snf Floerger Sas
Chevron Phillips Chemical Company, LP
Market Analysis:
Global Mining Chemicals Market is valued at approximately USD 6.03 billion in 2017 and is anticipated to grow with at approx. 4.60 % over the forecast period 2018-2025. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market
Detailed segments and sub-segment of the market:
By Type
Flocculants
Frothers
Solvent extractants
Grinding aids
By Mineral Type
Base Metals
Non-metallic minerals
Precious metals
Rare earth metals
By Application
Explosives & drilling
Mineral processing
Water and wastewater treatment
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Rest of the world
Target Audience of the Global Mining Chemicals Market:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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